New Product Development Executive

Job Description

As an integral part of the team, you will be responsible for assisting in executing the New Product Development (NPD) lifecycle. This includes tasks such as ideation, formulation, prototyping, testing, and launch. Your role will involve conducting thorough market research and trend analysis to identify potential product opportunities. You will also collaborate with vendors to source raw materials, packaging, and innovative ingredients. Additionally, you will coordinate various activities such as lab trials, stability testing, consumer testing, and packaging validation. Ensuring compliance with regulatory, safety, and quality standards will be a crucial aspect of your responsibilities. It will be essential for you to maintain and update the NPD pipeline tracker to monitor project timelines effectively. Supporting costing, pricing analysis, and providing inputs for margin optimization will also be part of your duties. Furthermore, you will collaborate closely with teams across marketing, brand, procurement, and supply chain departments to ensure smooth product rollouts. Tracking post-launch performance and collecting consumer feedback for continuous improvements will also be a key responsibility.

Qualifications Required

• Bachelor's degree in a relevant field such as Business, Marketing, or Product Development.
• Prior experience in product development, project management, or related roles.
• Strong analytical skills and attention to detail.
• Excellent communication and collaboration abilities.
• Knowledge of regulatory and quality standards in the industry would be advantageous. Job Description:

As an integral part of the team, you will be responsible for assisting in executing the New Product Development (NPD) lifecycle. This includes tasks such as ideation, formulation, prototyping, testing, and launch. Your role will involve conducting thorough market research and trend analysis to identify potential product opportunities. You will also collaborate with vendors to source raw materials, packaging, and innovative ingredients. Additionally, you will coordinate various activities such as lab trials, stability testing, consumer testing, and packaging validation. Ensuring compliance with regulatory, safety, and quality standards will be a crucial aspect of your responsibilities. It will be essential for you to maintain and update the NPD pipeline tracker to monitor project timelines effectively. Supporting costing, pricing analysis, and providing inputs for margin optimization will also be part of your duties. Furthermore, you will collaborate closely with teams across marketing, brand, procurement, and supply chain departments to ensure smooth product rollouts. Tracking post-launch performance and collecting consumer feedback for continuous improvements will also be a key responsibility.

Qualifications Required

• Bachelor's degree in a relevant field such as Business, Marketing, or Product Development.
• Prior experience in product development, project management, or related roles.
• Strong analytical skills and attention to detail.
• Excellent communication and collaboration abilities.
• Knowledge of regulatory and quality standards in the industry would be advantageous.